Mercantile (Ordinary Share) MRC

UK Growth

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Estimated NAV (p)

1678.00

Share Price (p)

1458.00

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Mercantile (Ordinary Share) Price 72.16%
Mercantile (Ordinary Share) NAV 69.46%
FTSE 250 ex Inv Trusts 69.31%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 1441.0p -14.1% 1678.00p 1671.00p
17 Sep
111% 2.78%

Discrete performance % over

Fund / BenchmarkOct '11
Sep '12
Oct '12
Sep '13
Oct '13
Sep '14
Mercantile (Ordinary Share) Price20.9637.283.68
Mercantile (Ordinary Share) NAV21.0728.708.76
FTSE 250 ex Inv Trusts20.1632.266.53

Discrete performance over

Discrete Performance

Top 10 Holdings

Serco Group 2.30%
Persimmon Plc 2.18%
Dixons Carphone 2.18%
Jardine Lloyd Thompson Group 2.07%
SSP Group 1.84%
Berkeley Group 1.84%
Wood Group (John) PLC 1.84%
Catlin Group Ltd 1.72%
TSB Banking 1.72%
Cobham Plc 1.61%

Sectors weighting

Finance - General 23.80%
Consumer Services 21.00%
General Industrials 20.60%
Net Current Assets 12.80%
Consumer Goods 9.10%
Oil & Gas 4.70%
Technology 3.90%
Healthcare 2.00%
Materials 1.30%
Telecommunications 0.80%

Regional weighting

UK 87.00%
Cash/Cash Equiv. 13.00%
  • Investment trust info:

  • Sector UK Growth
  • Launch Date 08 Dec 1884
  • Base Currency GBX
  • Domicile UK
  • Share Price (p) 1458.00
  • Share Type Ordinary Share
  • TIDM MRC
  • ISIN GB0005794036
  • Shares Issued (M) 98
  • Market Capital (£M) 1415.65
  • Gross Assets (£M) 1826.14
  • Net Assets (£M) 1648.80
  • TER (%) 0.51
  • Historic Dividend Yield (%) 2.78
  • Next Dividend Date 20 Sep 2014
  • Next Dividend (p) 8.00
  • Last AGM 21 May 2014
  • Next AGM 21 May 2015
  • Last Annual Report Date 04 Apr 2014
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To achieve long-term capital growth from a UK portfolio of medium and smaller companies with dividend at least in line with UK inflation.
  • Management Group(s):

  • J.P. Morgan Fleming Asset
  • JP Morgan Asset Management (UK) Ltd
  • JPMorgan Asset Management (UK) Ltd
  • Managed by:

  • Anthony Lynch Start: 31 Dec 2009
  • Emel Akan Start: 31 Jan 2008
  • Guy Anderson Start: 01 Aug 2012
  • Jane Lennard Start: 01 Jan 2006
  • Martin Hudson Start: 01 Jan 1993
  • Management Contract & Fees:

    Management agreement with JPMorgan Asset Management terminable on 6 months' notice. The management fee is paid monthly in arrears and is equal to 0.5% per annum of the Company's market capitalisation, excluding funds managed or advised by JPMorgan Asset Management or any of its associate companies.